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How Disruptive Technology Is Spurring Tobacco Merger Talks
Photo. Credit Harry Campbell. Disruptive technology can spur takeovers as companies race to bulk up and acquire innovators in the fear that their business could go out of date.
Imperial Tobacco set to be No 3 in US as cigarette giants plan merger  The Drum
A look at tobacco cos Reynolds American, Lorillard  Washington Post
Businessweek   Related articles »  
S&P Dow Jones Indices Announces Quarterly Review of S&P/TSX Venture ...
TORONTO, July 11, 2014 /CNW/ - S&P Dow Jones Indices Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Venture Select Index Review.
US STOCKS SNAPSHOT-Wall St ends up; indexes post losses for week  Reuters
How the Dow Jones industrial average did Friday  Washington Post
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Lyft Halts New York City Launch After City Files Restraining Order
Transportation app Lyft halted its highly anticipated New York City launch after city officials filed a temporary restraining order against the startup, saying it is unauthorized to operate in the city.
Uber Competitor Lyft Delays NY Start After State Sues  Businessweek
NY attorney general sues to stop ride-sharing Lyft  Wall Street Journal
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SEC halts trade in Cynk over possible stock manipulation
(Reuters) - U.S. regulators on Friday suspended trading in Cynk Technology Corp, citing possible market manipulation in the one-time penny stock whose market value rocketed within weeks from less than $20 million to more than $6 billion.
Those who shorted CYNK forced to watch and wait  CNBC.com
Cynk Tech has no assets, no revenue, and $4.5B value. Wait, what?  Christian Science Monitor
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Amazon Seeks FAA Permission to Test Drones
The company sent a formal request to take its fleet of delivery drones on test runs in the Seattle area. 00:54 | 07/11/2014. Share: Now on ABC News is always on.
Amazon asks FAA for drone restriction exemption, reveals details about its UAVs  Boing Boing
FAA Intimidates Coldwell Banker And Other Realtors Into Shunning Drone ...  Forbes
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Plosser Says Interest Rate Increase Is Closer Than Many Think
Federal Reserve presidents disagreed today on whether a decline in the U.S. unemployment rate to the lowest level in almost six years warrants advancing the timing for an interest-rate increase.
Philly's Plosser, Fed's worst forecaster, sees inflation, rate hikes ...  Philly.com
Not a 'catastrophe' if US inflation rises over 2 pct -Fed's Evans  Reuters
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US Budget deficit slumps sharply in June amid recovering economy
In an encouraging development for the US economy, the Budget deficit of the country has narrowed sharply in the first nine months of the current fiscal amid higher tax revenues and an improving economy.
US set to record lowest deficit in years  CNBC.com
This Year's Deficit Will Probably Be the Smallest Since 2008  The Wire
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Fitch: Wells Fargo's Results Remain Strong
(The following statement was released by the rating agency) CHICAGO, July 11 (Fitch) Wells Fargo & Company (WFC) has reported a decrease in net income from the prior quarter, but the company's return on assets (ROA) of 1.47% still remains very strong, ...
Healthy Banking Diagnosis from Wells Fargo  Wall Street Journal
Wells Fargo's focus on energy shows growth strategy  Chicago Tribune
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Soybeans Post Longest Slump Since 1973 on Rising World Supplies
Farmers across the nation have almost finished planting what the government estimates is an all-time high of 84.8 million acres of soybean crop.
Forecasters predict record soybean crop, row crops continue price slumps  Lincoln Journal Star
Report drives soybean prices near 4-year low  Montana Standard
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General Motors Poaches Infiniti Chief De Nysschen To Revamp Cadillac
Johan de Nysschen, one of the global auto industry's boldest leaders, is on the move again, headed to Cadillac as its new president after he left the top post at Infiniti this week.
General Motors taps Infiniti CEO as new president of Cadillac  Newsday
GM's Cadillac at a crossroads - again  TODAYonline
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